Playing casino games on international waters
While the casino boats in Hong Kong will most likely not put the land-based casinos in Macau out of business, an increasing number of players are opting for a trip on the luxurious boats in order to play their favorite casino games. These offer a great alternative to the casinos as they provide an entertaining environment where players can enjoy their time in a whole different way. The boats leave every night and the action starts once they reach international waters since there are no regulations that prevent gambling games.
The main reason why these boats have been getting a lot of attention in Hong Kong recently has a lot to do with the huge number of gamblers flocking to the casinos in Macau. The crowded tables and the overall expensive services means that casual players are not always having fun and can instead opt for the more affordable overnight casino boats. Taking a break from the casino tables and walking outside to see the ocean at night is yet another benefit to casino boats.
A 9 percent increase
The increase in popularity is supported by the figures released by the operators. The total number of players going on casino boats has increased by 9% in the first half of the year to reach a total of 615,328 people. Operators which took advantage of the boost in traffic increased their profits significantly, with some of them even doubling their figures in the first six month of 2013. Casino boats operator Success Universe reported earnings of around $277,000 in the mentioned period.
The numbers continue to increase and more players are expected to try out the exciting casino boats in order to experience gambling in a totally different way. In the meantime, the six casino operators in Macau stated that they are not really worried about these boats taking their customers. This is mostly because of the huge demand in the region as the hotels in Macau are fully booked for most of the year. The real competition can come from an aggressive land-based development strategy which would turn the scales around to make the supply bigger than the demand. However, that will not happen any time soon and the casinos will most likely continue to have great success in Macau.
In fact, the boats can even be considered as a way to eliminate some of the pressure from the crowded casinos in Macau, while offering a cheap alternative to tourists from around the world.[geocode id=1]
Hong Kong Stocks Rise
The news of former Treasury Secretary Lawrence Summers no longer running for the chairman of the Federal Reserve has made the stocks in Hong Kong rise and the benchmark index jump the most it did in two weeks. The most likely candidate to get the position is now Vice Chairman Yellen and this will probably mean that the current policy will continue unchanged.
The jump in the stock market is a very good sign for the gambling industry in Macau as it ensures a certain level of stability; something which was in danger if Summers kept his name up for consideration. Investors will always feel more comfortable if things are stable and the booming industry in Macau is now expected to get even bigger.
Another alternative – playing online
Needless to say that the big casinos make for an incredible place to play your favorite games and that casino boats are very attractive as well, but for casual players that just want to have fun, the internet remains the best alternative. It eliminates the drawbacks of having to go to a land-based casino while making sure that the game selection is simply perfect.
Join the Miami Club Casino and enjoy a great looking site with certified game payouts. This online casino has been one of the top options for quite a while now and its luxurious style makes it a great choice for gamblers around the world, including the United States. New players can get $800 for free across the first eight deposits and there are slots tournaments running throughout the week, with $10,000 in guaranteed prizes.
While online casinos don’t offer free meals or hotel rooms to the high rollers, Miami Club does offer a great VIP program that makes sure every real money player is well rewarded based on how much he plays.